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5158 Patrick Henry Drive

5158 Patrick Henry Drive, Memphis, TN 38134
Sold Apr 25, 2019
$152,900
$146,664 by Bancorpsouth Bank
Mortgage Due May 01, 2049
Sold Nov 07, 2018
$70,000
Local assessors in Memphis, TN have categorized 5158 Patrick Henry Drive as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 10,320 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 860 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5158 Patrick Henry Drive has a total of 1,912 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 361 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5158 Patrick Henry Drive sold most recently in Apr 23, 2019 for a total of $152,900. If you work out the math, that's approximately a cost of $79.97 per sqft. Before that, the property was also sold for $70,000 in Nov 6, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,463 in taxes each year. 5158 Patrick Henry Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,425. If we break it down further, the land itself was valued at $3,875. Improvements to the property, however, were assessed at a total of $36,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Other
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 361
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,912
  • Gross Building Area: 1,912
  • Building Area: 1,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,912
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSBURG PARK
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS PATRICK HENRY DR

Ownership

  • Current Owner : PICKENS PATRICIA LYNN
  • Previous Owner : WOLF RIVER PROPERTIES LLC
  • Owner Before Previous Owner: LINDSEY FRANK E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020651

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 32-5
  • District: O
  • Parcel: 08-7029-0-0013
  • Block: D
  • Lot: 24
  • Municipality: MEMPHIS
  • Latitude: 35.2187
  • Longitude: -89.8914

    Address

  • Full Address: 5158 Patrick Henry Dr
  • Address - House Number: 5158
  • Address - Street Name: Patrick Henry
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C023
  • 4-Digit Zip Code: 2907
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,463

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 233,698
  • High Value: 296,329
  • Low Value: 171,066

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $163,655
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Apr 25, 2019
  • First Open Lien Mortgage Loan Amount: $146,664
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jul 15, 2022
  • Second Open Lien Mortgage Loan Amount: $16,991
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $161,700
  • Market Land Value: $15,500
  • Market Improvement Value: $146,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,425
  • Assessed Land Value: $3,875
  • Assessed Improvements Value: $36,550

    Sales

  • Current Sale Contract Date: Apr 23, 2019
  • Current Sale Recording Date: Apr 25, 2019
  • Current Sale Transaction ID: 11600103156
  • Current Sale Price: $152,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19040387
  • Previous Sale Recording Date: Nov 07, 2018
  • Previous Sale Contract Date: Nov 06, 2018
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Apr 25, 2019
  • First Mortgage Loan Amount: $146,664
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

About Frayser - Raleigh PD



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Nearby Rentals

Unit for rent at

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,020 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5158 Patrick Henry Drive located in?
The 5158 Patrick Henry Drive is a house located in the neighborhood of Frayser - Raleigh PD in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 5158 Patrick Henry Drive?
The average sales price for units in 5158 Patrick Henry Drive is $152,900 currently.

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